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: that is a larger issue of taxes and spending cuts. caller: thank you. host: bob on the independent line from florida. caller: nobody should worry about the fiscal cliff. asey have everybody's ira's hostage. ira will have to buy ies.sur they are not worried about the budget. everybody that has an ira basically it will have nothing because interest rates will go up so high on the treasury bills in the coming decade. be heldy's ira will hostage. i took money and i put it into gold. i did not pay any taxes on it. possession is 9/10 of the law. let them come and find it. every politician should not take a paycheck. they do not deserve it. they have been bringing our country down. host: in look at what happened 1st.ing jan. uary host: that will happen in january 1 if congress fails to reach a compromise, even a short-term compromise. dan on the phone from massachusetts. caller: thank you for taking my call. i would like to know how many millionaires there are in this country versus the number of people who make $250,000 and less. i think that's where the argument can bw won e won. john boehner is
that will be calculated, and quite frankly, in a more simplified form been standard tax law. host: professor bob kelly? guest: when i say chaos i am -- professor buckley? >> when i say chaos, i am referring to two things. the irs has done programming based on their being a patch enacted by the end of the year. most tax returns software has made the same calculated gamble. i agree that the government needs revenue. i do not think there is any question of that. if you just say that the amt is a good tax because it raises revenue, i do not argue on the notion that we need money, however is an extraordinarily arbitrary way of raising revenue. it raises revenue not from the super wealthy. the amt applies to few people making more than half of $1 million. it is counter-intuitive. if you are going to raise revenue, it should be as president obama has suggested, shared sacrifice, and that sacrifice has to come from people making more than half of $1 million. host: how do the very wealthy get out of paying the amt? guest: because of the rate structure. the rate between $200,000 and $500,000 are at least as hig
with their presence. there's usually two or three of them i see. host: moving on to bob in pennsylvania. bob, how long have you been with the n.r.a.? caller: a long time. host: 10-20 years? caller: 15 years. what kind of guns do you own? caller: guns, shotguns, pistols, and i do own an a.r.-15. host: what do you think about mr. lapierre? caller: i was disappointed. i was anxious to hear the news conference and hopeful n.r.a. would come out with a reasonable response and want to lead in the middle. i believe that it's a good idea to have armed edwards in school. -- armed guards in school. the n.r.a. said they would train these people with an unlimited budget. but they stop way short of -- yes, video games and violence in our society, kids playing on these video games and the movies and the music. when i was young, we were not allowed to watch "the untouchables," eliot with robert because my parents thought it was too violent. my parents thought. and now we've come to this. there's no reason these guns should be available for sale. they have no place in the sporting arena or no place in the hunting aren
, i had the privilege of being with him. we stopped with bob dole as well. they were on a mountain top, literally as the crow flies, i think it was only two miles on the same day, both mortally wounded in fighting for their country. just above the bridges above custody. because of danny's sense of honor, that is the only thin i can ascribe it to. his loyalty first and foremost to his platoon, to the men he had sworn he would protect. he would do everything in his power to protect them. this is a man who kept fighting on that ridge even after his arm was severed. crying a grenade out of his severed arm and charging the next machine gun nest, taking it out in the process saving his men. he was awarded the medal of honor for incredible bravery. he did not do it because he was brave. he did it because he was loyal. he did it because of a sense of duty. he did it because this was his country. robert could have been talking about danny when he said -- when will the fis fear, when duty throws the gauntlet down to fete, when honor scorns to compromise with the death, that is heroism. in every
"the "new york post" -- emilie, joe is it -- josephine, and anna were buried yesterday. bob is joining us from houston, texas, the democrats' line. caller: i would like to say that the assault rifle should be treated like the automobile -- you have to have a title to them and buy insurance and the higher the gun power is, the higher insurance, and when you sell it or do something with it, the title should be transferred and responsibility transferred to the person that owns it. in this way, we would have to go big organizations working, trying to come up with the right solution, the nra and the insurance industry. if you want to own something, you should be responsible for it. host: double for the call. from the new york times book section -- we are featuring the -- "the last line -- lion" interview this evening. gayle joins us from louisiana. democrats line. caller: independent line. host: it's as democrats, but go ahead. -- it says democrats, but go ahead. caller: on this assault weapons controversy, a couple of things -- what happened to those children was awful. what happened to th
take responsibility for it. i can remember bob michael former republican leader in the house saying i'm proud of voting for this. if you want a two bit congressman vote for somebody else. he kept getting reelected. host: john now on the democratic line. caller: good morning. thanks for having me on. my main thing is saying i think the problem is our g.d.p. we don't produce anything. we don't create any jobs. as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to create the apple computer. so i just think we just don't do enough for the people of this country. and the people who are in position to create jobs and do this do not reinvest in the countr
. when i was back in d.c., we had dan and bob and they sat in an irish bar around the corner and worked out the tax bill in 1987, i believe the year was. that's the kind of leadership the article was just talking about. instead of the people that call up and paris at the propaganda, we really have to be practical. -- that parrot the propaganda. a house divided cannot stand. let me give my personal example. i live on $6.66 a day. that is food stamps. that is for single adults. i live on social security, $774 a month. i am trying to go back to cornell to do sustainable energy. we are in a double down on reaganomics in despite. jimmy carter had great inflation because for five years we were a peaceful country again. then reagan put us back into the largest military buildup in peacetime. i think that's what we ought to do is realize that did not work, just like some of the new deal stuff was not working correctly. what we have to do is c- span.org [indiscernible] i want to thank mr. richard delver of the department of transportation, because unlike michael bloomberg -- host: you have gone a
insurance of the up there? host: thank you for the call. is this from bill king. this is bob, good morning. caller: happy new year. host: to you, too. caller: all the republican party has to do is to allow for what the voters voted on by putting obama back in office, which was the mandate that people earning above $250,000 pay 4.5%.eer lousy that is not a hair off their chinny-chin-chin. everybody is looking to fight against the tax increase for the wealthiest people. they take a ski vacation in france and a cost $20,000. they spend money like it is garbage. cheerleading for tax breaks for people who do not need it. they have admitted they do not need it. the republicans and the democrats are not facing the key issue with our budget, which is medical cost. it is insanity we do not hear enough and i wish c-span would have more programs dealing with all of the options that could lessen the burden on the government and the taxpayer for the medical costs. i believe that in medicare buy- in -- i have 10 years left to go until medicare. i pay $620 a month for my health care. that is a lot of mon
Search Results 0 to 7 of about 8